U.S.-Canada Free Trade Agreement

U.S.-Canada Free Trade Agreement

A treaty between the United States and Canada that went into effect in 1988 and in which each country pledged to reduce their tariffs over a period of 10 years. It also eased the conditions under which cross-border investment could occur. The agreement greatly increased international trade between Canada and the U.S. NAFTA superseded it in 1994.

Canada free trade agreement, and to try to improve on that agreement and expand that agreement; but there's been a commitment between our government and the Canadian government that there'll be no backsliding with respect to the U.

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